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Massachusetts · Nonprofit

THE BIKE CONNECTOR INC

THE BIKE CONNECTOR INC (Massachusetts) receives grants from 11 organizations whose IRS filings report $115,810 to it, the largest being PAYPAL CHARITABLE GIVING FUND ($34,735). 6 of them have funded it in more than one year, and 58% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$172k
Funders on record
11
Grants received
$116k
Net assets
$78k
6/11 repeat funderspeak grant-dependency 19%
01What it does

What The Bike Connector Inc does

Mission

To provide the lowell community with safe, affordable bicycles and offer a community diy bicycle shop to help people stay on their bikes.

As stated on its FY2024 Form 990-EZ.

Program

  1. Provided an after school and summer school earn-a-bike program for lowell high school students; refurbished and distributed bikes to community members; delivered mobile repair services to keep riders on their bikes; collected bikes from individuals and municipalities.

    $161,772 spentof which $50,875 as grants
    100% of program spending

The program described on its FY2024 Form 990-EZ. Program spending in total: $161,772.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.

100 = 20202020 Revenue 100 ($14k) Expenses 100 ($8k) Net assets 100 ($5k)2021 Revenue 587 ($80k) Expenses 502 ($41k) Net assets 818 ($44k)2022 Revenue 849 ($116k) Expenses 1206 ($99k) Net assets 1122 ($61k)2023 Revenue 1117 ($152k) Expenses 1654 ($136k) Net assets 1419 ($77k)2024 Revenue 1257 ($172k) Expenses 2060 ($170k) Net assets 1451 ($78k)
20202021202220232024
Revenue (1257)Expenses (2060)Net assets (1451)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $5k to $44k (+718%).

$5k
$44k
$61k
$77k
$78k
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 5 reported years ran a deficit.

$5k
’20
$39k
’21
$16k
’22
$16k
’23
$2k
’24
03Who funds it

Who funds it, year by year

2021 → 2023: the base broadened from 3 funders to 4 funders, grant income rose $10k → $29k.

3 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 58% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE BIKE CONNECTOR INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE BIKE CONNECTOR INC has a broad base — no single funder exceeds 30% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

64% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE BIKE CONNECTOR INC.

30%
largest funder
65%
top three
~6
effective funders

Largest funder’s share by year: 2021 56% · 2022 85% · 2023 59% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

58% of THE BIKE CONNECTOR INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $48k that is directly attributable, 84% of it comes from Massachusetts funders.

MA
IN
DC

In-state vs out-of-state, by year

’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $67k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like THE BIKE CONNECTOR INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for THE BIKE CONNECTOR INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE BIKE CONNECTOR INC?
THE BIKE CONNECTOR INC (Massachusetts) receives grants from 11 organizations whose IRS filings report $115,810 to it, the largest being PAYPAL CHARITABLE GIVING FUND ($34,735). 6 of them have funded it in more than one year, and 58% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THE BIKE CONNECTOR INC have?
IRS filings report 11 organizations giving $115,810 in grants to THE BIKE CONNECTOR INC, 6 of which have funded it in more than one year.
Who is the largest funder of THE BIKE CONNECTOR INC?
PAYPAL CHARITABLE GIVING FUND is the largest funder on record, with $34,735 in grants. The full list of funders is on this page.
How can an organization like THE BIKE CONNECTOR INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Bike Connector →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 11 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing